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DOF spokesperson and Assistant Secretary Paola Alvarez MANILA - Studies instituting an appropriate carbon pricing instrument (CPI) are ongoing as the Philippines helps combat climate change. The Office of Department of Finance (DOF) spokesperson and Assistant Secretary Paola Alvarez said the country currently does not have a carbon taxing plan but studies have been conducted in coordination with the World Bank (WB). "Imposing a carbon tax would require significant institutional capacity from the government and sector stakeholders," Alvarez said in a reply to questions from the Philippine News Agency. She said the government will use the appropriate carbon pricing instruments (CPIs) in engaging relevant legislators who have shown interest in establishing policies in the Philippines. "Currently, the House of Representatives and the Senate are in the process of developing legislation that will promote and establish appropriate CPIs in the Philippines," she added. Alvar ....
Finance Assistant Secretary Paola Alvarez (File photo) MANILA - The proposed annual USD100 billion climate change financing to developing countries will not be available until 2023 but the Philippine government has started capacity building and policy foundations to easily implement its programs. In a virtual pre-26th United Nations Climate Change Conference of the Parties (COP26) briefing on Tuesday, Finance Assistant Secretary Paola Alvarez said the government has started working with the private sector regarding climate change mitigation and adaptation strategies. She said especially in developed countries, it is the big companies such as Amazon and e-Bay that have big greenhouse gas emissions compared to developing countries. "So, if they actually start implementing climate mitigation and adaptation strategies it would actually make a bigger dent. And at the same time how we respond to disasters and resiliency efforts would be greatly affected as well," she said. Alvarez ....
Finance Assistant Secretary Paola Alvarez (File photo) MANILA - The proposed annual USD100 billion climate change financing to developing countries will not be available until 2023 but the Philippine government has started capacity building and policy foundations to easily implement its programs. In a virtual pre-26th United Nations Climate Change Conference of the Parties (COP26) briefing on Tuesday, Finance Assistant Secretary Paola Alvarez said the government has started working with the private sector regarding climate change mitigation and adaptation strategies. She said especially in developed countries, it is the big companies such as Amazon and e-Bay that have big greenhouse gas emissions compared to developing countries. "So, if they actually start implementing climate mitigation and adaptation strategies it would actually make a bigger dent. And at the same time how we respond to disasters and resiliency efforts would be greatly affected as well," she said. Alvarez ....
The foul odor emanating from the Dominguez Channel in Carson is still present, and local leaders want Gov. Gavin Newsom to declare a state of emergency to solve. ....
The Philippines’ energy industry has to make and carry out firm decisions to become more independent and resilient as it has now arrived at a state of climate justice, which is well beyond mere mitigation. Its 53-percent energy sufficiency level also has to increase and can be strengthened by tappi ....